RE:Another year of collecting my monthly dividends.jeffpei wrote: Hopefully a bigger increase than 4% will happen next year.
I expect a continued dividend growth of 4-5% for the next 5 years. I don't think it's really a stock price driver when compared to EBITDA and earnings growth, which should be closer to 8-10% for the next 4-5 years.
When combining the dividend growth and the EBITDA/earnings growth, total return for holding shares should be in the 10-14% average range yearly. At that point, shareholders will have further extra potential return from a split between the utilities and midstream. Imo, that's pretty good for stashing cash in a "guaranteed" return type of investment.